California Public Employees Retirement System Sells 480,337 Shares of Oracle Corporation $ORCL

California Public Employees Retirement System reduced its position in Oracle Corporation (NYSE:ORCL) by 14.7% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 2,776,440 shares of the enterprise software provider’s stock after selling 480,337 shares during the period. California Public Employees Retirement System’s holdings in Oracle were worth $408,442,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of ORCL. Mpwm Advisory Solutions LLC lifted its position in shares of Oracle by 76.9% in the third quarter. Mpwm Advisory Solutions LLC now owns 115 shares of the enterprise software provider’s stock valued at $32,000 after buying an additional 50 shares during the last quarter. Verum Partners LLC increased its holdings in shares of Oracle by 2.2% during the 4th quarter. Verum Partners LLC now owns 2,409 shares of the enterprise software provider’s stock worth $470,000 after acquiring an additional 51 shares during the last quarter. Everpar Advisors LLC increased its holdings in shares of Oracle by 0.4% during the 4th quarter. Everpar Advisors LLC now owns 11,991 shares of the enterprise software provider’s stock worth $2,337,000 after acquiring an additional 52 shares during the last quarter. Tull Financial Group Inc. raised its stake in Oracle by 5.8% in the 3rd quarter. Tull Financial Group Inc. now owns 1,000 shares of the enterprise software provider’s stock valued at $281,000 after acquiring an additional 55 shares during the period. Finally, Shum Financial Group Inc. raised its stake in Oracle by 1.0% in the 4th quarter. Shum Financial Group Inc. now owns 5,486 shares of the enterprise software provider’s stock valued at $1,069,000 after acquiring an additional 55 shares during the period. Institutional investors own 42.44% of the company’s stock.

Oracle Stock Performance

Shares of NYSE ORCL opened at $126.48 on Friday. The company has a debt-to-equity ratio of 3.21, a current ratio of 1.12 and a quick ratio of 1.12. The firm has a market cap of $364.32 billion, a price-to-earnings ratio of 21.69, a P/E/G ratio of 0.78 and a beta of 1.72. The stock’s fifty day moving average price is $177.30 and its two-hundred day moving average price is $169.46. Oracle Corporation has a one year low of $121.50 and a one year high of $345.72.

Oracle (NYSE:ORCL) last posted its earnings results on Wednesday, June 10th. The enterprise software provider reported $2.11 earnings per share for the quarter, topping analysts’ consensus estimates of $1.96 by $0.15. The company had revenue of $19.18 billion during the quarter, compared to the consensus estimate of $19.10 billion. Oracle had a return on equity of 58.62% and a net margin of 25.37%.The company’s revenue was up 20.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.70 earnings per share. Oracle has set its Q1 2027 guidance at 1.720-1.760 EPS and its FY 2027 guidance at 8.050-8.050 EPS. On average, equities analysts forecast that Oracle Corporation will post 6.47 EPS for the current year.

Oracle Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Friday, July 10th will be issued a $0.50 dividend. The ex-dividend date of this dividend is Friday, July 10th. This represents a $2.00 dividend on an annualized basis and a yield of 1.6%. Oracle’s payout ratio is currently 34.31%.

Analysts Set New Price Targets

A number of equities analysts have commented on ORCL shares. Bank of America lifted their price objective on shares of Oracle from $200.00 to $240.00 and gave the stock a “buy” rating in a research report on Tuesday, June 9th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $190.00 price objective on shares of Oracle in a research report on Thursday, June 11th. Moffett Nathanson set a $325.00 target price on shares of Oracle in a research note on Thursday, June 11th. Citigroup reaffirmed a “market outperform” rating on shares of Oracle in a report on Thursday, June 11th. Finally, Wedbush decreased their price target on shares of Oracle from $275.00 to $240.00 and set an “outperform” rating on the stock in a research note on Thursday, June 11th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Oracle has a consensus rating of “Moderate Buy” and a consensus target price of $268.27.

Oracle News Roundup

Here are the key news stories impacting Oracle this week:

• Positive Sentiment: Some analysts remain bullish, arguing Oracle’s huge cloud backlog could eventually translate into much stronger revenue and that the stock may be oversold after its steep decline. Oracle Stock Crash Erases $213 Billion from Billionaire Founder Larry Ellison’s Net Worth
• Positive Sentiment: Oracle’s database and multicloud AI businesses continue to show strong growth momentum, suggesting the long-term AI demand story is still intact. Can Oracle’s Database Business Sustain Long-Term Margins?
• Neutral Sentiment: Commentary from Jim Cramer and other market writers added to the volatility, with some calling Oracle a cautionary tale while others argued the selloff may be overdone. Jim Cramer Says Oracle Is “Going Down” and Avoid Every Liquor Stock. Here’s What He’d Buy Instead
• Negative Sentiment: New Mexico blocked the pipeline for Oracle’s 2.5 GW data-center project, increasing the chance of delays and adding uncertainty to its AI infrastructure expansion. New Mexico Blocks Pipeline for Oracle’s (ORCL) 2.5 GW Data Center Project
• Negative Sentiment: Investors are worried Oracle’s AI spending spree is being financed with too much debt, pushing the company’s credit profile close to junk territory. Oracle’s (ORCL) AI Spending Spree Pushes Its Credit Rating Near Junk
• Negative Sentiment: Oracle’s stock has also been hit by broader articles emphasizing that the company is falling fast as markets question whether the AI growth story can justify the spending and financing risks. Oracle Stock Slides To 52-Week Low Amid AI Spending Fears

Insider Transactions at Oracle

In other Oracle news, Vice Chairman Jeffrey Henley sold 400,000 shares of the stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $159.16, for a total transaction of $63,664,000.00. Following the transaction, the insider owned 400,000 shares in the company, valued at $63,664,000. This represents a 50.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 40.90% of the stock is owned by corporate insiders.

Oracle Company Profile

Oracle Corporation is a multinational technology company that develops and sells database software, cloud engineered systems, enterprise software applications and related services. The company is widely known for its flagship Oracle Database and a portfolio of enterprise-grade software products that support data management, application development, analytics and middleware. Over recent years Oracle has expanded its focus to include cloud infrastructure and cloud applications, positioning itself as a provider of both platform and software-as-a-service solutions for large organizations.

Oracle’s product and service offerings include Oracle Database and the Autonomous Database, Oracle Cloud Infrastructure (OCI), enterprise resource planning (ERP), human capital management (HCM) and supply chain management (SCM) cloud applications (often grouped under Oracle Fusion Cloud Applications), middleware such as WebLogic, and developer technologies including Java and MySQL.